300 HISTORY OF THE GRANGE MOVEMENT; OR, 



to 1860 averaged about 25 per cent., and from 1860 to 

 1870 about 40 per cent. Possibly, or even probably 

 this high duty had much or most to do with increasing 

 the capital the number of establishments and the 

 number of operatives during the last decade but must 

 they continue to be propped up by protection at the 

 expense of the greatly overworked agricultural laborers? 

 For it really appears this way. Perhaps some one bet- 

 ter versed in statistics can see some other and greater 

 reason why the agricultural capital of the nation, con- 

 sisting of farm implements and live stock, increased 

 lOli per cent, from 1850 to 1860, during which decade 

 the average duties on imports was about 25 per cent., 

 and during which period manufacturing capital in- 

 creased only 89 J per cent. And why from 1860 to 

 1870 agricultural capital increased only 39 & per cent., 

 with an average duty of 40 per cent., while manufac- 

 turing capital increased 132i per cent. 



" It is not sufficient to answer that the ravages of war 

 have depreciated the value of farming capital, for other 

 things being equal, manufacturing capital would suffer 

 as much as farming capital, and would be as difficult to 

 resuscitate. 



" The State of Louisiana has quite as bad a showing 

 of agricultural capital as any Southern State, and the 

 following is the comparison of increase in agricultural 

 and manufacturing capital for the last two decades in 

 that State: Agricultural capital increased from 1850 to 

 1860 102 per cent., and from 1860 to 1870 it decreased 

 55 per cent. Manufacturing capital increased from 

 1850 to 1860 42 per cent., and from 1860 to 1870 156 

 per cent. Perhaps the people are lazy in Louisiana 

 and the other late rebel States, and the manufac- 



